Property & Asset Insurance Claims in the UAE

Understanding Property & Asset Insurance Claims in the UAE

Property and asset claims — fire, flood, storm, theft, accidental damage, and business interruption — turn on detailed questions of policy interpretation, valuation, and causation. The indemnity principle, now expressly codified in the insurance chapter of the new UAE Civil Code, means the insured is compensated for the damage actually resulting from the insured peril, up to the insured value: no more, but also no less. Disputes typically arise over the scope of exclusions, underinsurance and average, the basis of valuation, and whether the loss was caused by an insured peril at all.

We act for policyholders challenging inadequate settlements and for insurers assessing and defending claims. That dual perspective is a genuine advantage: we know how loss adjusters build their files, how insurers approach exclusions, and what evidence moves a valuation. For businesses, we also advise on business interruption claims — where the interaction between the material damage cover, the indemnity period, and the accounting evidence requires careful handling.

How ABR Advocates Can Help